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Published on 10/29/2014 in the Prospect News Investment Grade Daily.

S&P rates Development Bank of Japan bonds A+

Standard & Poor’s said it assigned A+ debt ratings to the ¥10 billion 0.515% 50th series unsecured domestic straight bonds due Sept. 20, 2024 issued by Development Bank of Japan Inc.

The ratings on the bonds are the same as a long-term counterparty rating on the bank, given the current rating on the bank and the issuance terms and conditions of the bonds.


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